Thursday, December 4, 2008

Gold, Dollar index

Gold traded up overnight over 776 and then retreated to stop us out with small gains in gold.  However, it's a buy again here at 765 with a 6 dollar stop.

The dollar index is set up for a sale at 87.75 with a 50 pt stop and minimum 100 point target.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results